7-8-2025 – Ethereum spot ETFs and the Ethereum Foundation Treasury have collectively accumulated approximately 3.2% of the total ETH supply since early June, with each entity holding roughly 1.6% of all circulating tokens, according to ETF Store President Nate Geraci.
The institutional accumulation represents a significant shift in Ethereum’s ownership structure, as traditional investment vehicles gain substantial exposure to the second-largest cryptocurrency. Spot Ethereum ETFs launched earlier this year have attracted billions in assets under management, providing regulated investment access for institutional and retail investors previously unable to hold ETH directly.
The Treasury’s concurrent accumulation suggests coordinated ecosystem development as the Ethereum Foundation continues building reserves to fund network upgrades and research initiatives. Combined with ETF inflows, this institutional demand has created notable supply pressure on the cryptocurrency market.
